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Rand Mining (STU:014) Debt-to-Equity : 0.00 (As of Dec. 2023)


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What is Rand Mining Debt-to-Equity?

Rand Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.00 Mil. Rand Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.00 Mil. Rand Mining's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €60.09 Mil. Rand Mining's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Rand Mining's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Rand Mining was 0.02. The lowest was 0.00. And the median was 0.01.

STU:014's Debt-to-Equity is not ranked *
in the Metals & Mining industry.
Industry Median: 0.13
* Ranked among companies with meaningful Debt-to-Equity only.

Rand Mining Debt-to-Equity Historical Data

The historical data trend for Rand Mining's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Rand Mining Debt-to-Equity Chart

Rand Mining Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.02 0.01 - -

Rand Mining Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 - - - -

Competitive Comparison of Rand Mining's Debt-to-Equity

For the Gold subindustry, Rand Mining's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Rand Mining's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Rand Mining's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Rand Mining's Debt-to-Equity falls into.



Rand Mining Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Rand Mining's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Rand Mining's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Rand Mining  (STU:014) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Rand Mining Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Rand Mining's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Rand Mining (STU:014) Business Description

Traded in Other Exchanges
Address
49 Melville Parade, Suite G1, South Perth, WA, AUS, 6151
Rand Mining Ltd is engaged in exploration, development, and production activities at East Kundana Joint Venture tenements.

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